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What is Gap Insurance?

Looking over financing details and insuring one of our new cars or used vehicles is part of the process of putting you’ll love in your driveway. Gap insurance is one of those options that many drivers choose. What does gap insurance do? Simply, gap insurance is designed to cover the difference between the amount owed on a financed vehicle, and its true cash value in the unfortunate event of an accident. But what exactly does that mean? And how can it benefit your peace of mind? Follow this simple guide from Cecil Atkission Motors Uvalde in the Del Rio region.

What Does Gap Insurance Cover?

So, frankly, what does gap insurance do? Gap insurance is meant to cover total loss in the event of an accident, insuring against a variety of vehicle-related issues. But Eagle Pass drivers should keep in mind, that it is meant to cover damage to your vehicle – not property or bodily injuries. Specifically gap insurance covers:

  • Theft
  • Fire
  • Vandalism
  • Accident
  • Acts of nature (tornado, hurricane, flood, etc.)

Gap insurance does not cover:

  • Engine failures and other mechanical repairs/malfunctions
  • Death
  • Extended warranties

Typically, gap insurance does not cover your deductible either, though some gap insurance policies do, so you’ll want to talk with your agent or dealership to get the details.

Do I Need Gap Insurance?

Gap insurance is an optional coverage, but it is worth talking with your insurance company about what it offers you. It is highly recommended that you buy gap insurance when you purchase a new car, and go through your various available insurance plans and financing options.

Gap insurance is especially helpful if your dealership offers a plan that includes deductible coverage. Having this insurance will give you peace of mind, and help you save money in the unfortunate event of an accident. Speak with our financing team to talk about buying gap insurance.

Explore All Insurance and Finance Options at Cecil Atkission Motors Uvalde

Whether you’re ready to purchase or just starting to look, it pays to have knowledge about various insurance plans. Know exactly what you need, and want, before purchasing a car. The right coverage can save you time and money down the road. You can also learn more about how car financing works.Visit us today in Uvalde, or simply contact us online with any questions you may have!

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830-278-4124

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2630 East Main Street • Uvalde, TX 78801

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Cecil Atkission Motors Uvalde

2630 East Main Street Uvalde, TX

Phone: 830-278-4124

http://maps.google.com/?q=2630%20EAST%20MAIN%20ST%2C%20UVALDE%2C%20TX%2078801

Parts

Phone: 830-278-4124

2630 East Main Street Uvalde, TX

Mobile Parts

Phone: 830-278-4124

2630 East Main Street Uvalde, TX

Sales

Phone: 830-278-4124

2630 East Main Street Uvalde, TX

Mobile Sales

Phone: 830-278-4124

2630 East Main Street Uvalde, TX

Service

Phone: 830-278-4124

2630 East Main Street Uvalde, TX

Mobile Service

Phone: 830-278-4124

2630 East Main Street Uvalde, TX
29.227876 -99.7591542
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Cecil Atkission Motors Uvalde
Cecil Atkission Motors Uvalde
2630 East Main Street
Uvalde, TX, 78801 United States
830-278-4124
https://di-uploads-pod14.dealerinspire.com/cecilatkissionmotorsuvalde/uploads/2018/01/CecilAtkissionMotorsOGImage.png
Cecil Atkission Motors Uvalde 29.227876, -99.7591542.